Silicon Motion Technology (SIMO) Tops Q2 EPS by 13c

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Silicon Motion Announces Results for the Period Ended June 30, 2022

July 27, 2022 4:05 PM EDT

Business Highlights

Sales grew 4% Q/Q and 14% Y/Y SSD controller sales declined 0% to 5% both Q/Q and Y/YeMMC+UFS controller sales increased 5% to 10% Q/Q and 55% to 60% Y/YSSD solutions sales increased 25% to 30% Q/Q and 30% to 35% Y/Y On May 5, we announced our pending sale to MaxLinear

Financial Highlights

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